Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

Shell Plc is still seeking commercial pathways to oil production in Namibia after writing off about $400 million of wells in the southern African country, where multiple energy majors have been ...

A major setback has struck Namibia’s aspirations to join the ranks of oil-producing nations as energy giant Shell announces ...

Citi analyst Kate O’Sullivan reiterated a Buy rating on GALP Energia SGPS (0B67 – Research Report) today and set a price target of €24.50. The ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate ...

Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant ...

Company statement late on Tuesday cites ‘family reason’ for resignation, while local media has reported of alleged ...

Galp, LOKEN and SAFCO Venture Holdings Limited have selected Axens’ Vegan® technology for their hydrogenated vegetable oil and sustainable aviation fuel production facilities located in Portugal, ...

Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following ...

The resignation comes as Galp's ethics committee probes an anonymous tip about an alleged personal relationship between ...

Galp said Chief Executive Filipe Silva has resigned and that it will announce his replacement in the coming days. The Portuguese oil-and-gas producer said late Tuesday that Silva's resignation, ...

Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY) said Tuesday that CEO Filipe Silva has resigned, days after a Portuguese news ...